Target Patents – Key Insights and Stats

Target has a total of 2236 patents globally, out of which 1874 have been granted. Of these 2236 patents, more than 68% patents are active. USA is where Target has filed the maximum number of patents, followed by Canada and Australia, it has generated an annual revenue of $93.56 billion in the year 2020. Parallelly, USA seems to be the main focused R&D center and is the origin country of Target.

Target Corporation, headquartered in Minnesota, USA is an American big box department store company. The brand has achieved success in the sector as a low-cost, high-style player. As of February 2022, Target has a market cap of $102.15 Billion.

Do read about some of the most popular patents of Target which have been covered by us in this article and also you can find Target’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Target’s patent portfolio.

How many patents does the founder and the CEO of Target have?

The founder, George Dayton, has 0 patents. The CEO, Brian Cornell, has 0 patents.

How many patents does Target have?

Target has a total of 2236 patents globally. These patents belong to 1477 unique patent families. Out of 2236 patents, 1533 patents are active.

 How many Target patents are Alive/Dead?

Worldwide Patents

Target Patents Portfolio

Patent Families

Target Patents

How Many Patents did Target File Every Year?

Target Patents Filing Trend

Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.

Year of Patents Filing or GrantTarget Applications FiledTarget Patents Granted
2011225113
2012360202
2013278247
2014202308
2015109157
201669119
20179381
201812663
201913176
20206996
202131103
20225

How Many Patents did Target File in Different Countries?

Target Worldwide Patents

Countries in which Target Filed Patents

CountryPatents
United States Of America1745
Canada420
Australia15
Europe10
China7
Italy7
Mexico6
Japan3
Germany2
Korea (South)1
Austria1
Spain1
Taiwan1

Where are Research Centres of Target Patents Located?

Research Centres of Target Patents

10 Best Target Patents

US8325036B1 is the most popular patent in the Target portfolio. It has received 116 citations so far from companies like IBM, Universal Automated Systems, Inc., and Mcconnell Theodore Van Fossen.

Below is the list of 10 most cited patents of TARGET:

Publication NumberCount of Citing Patents
US8325036B1116
US7797252B2105
US8016090B298
US8447983B193
USD686629S190
USD505450S189
US8489452B186
USD598024S185
US8814128B282
USD550423S181

Which Companies are using Target Patents to Advance their Research?

The top citing companies in the Target patent portfolio are Walmart, IBM and JP Morgan.

List of the top forward citing Companies –

CompanyNumber of Patents
Walmart47
IBM24
JP Morgan19
Toshiba11
Oracle11
Microsoft11
Mastercard11
Bank Of America10
NEC Corp10
Visa8

Count of 102 and 103 Type Rejections based on Target Patents

Blocked Patent Applications by Target

Top Target Patents used in Rejecting Most Patent Applications

Patent NumberCount of Rejected Applications
US9280777B223
US8489452B117
US8032410B213
US8065353B213
US8756121B211
US8606643B211
US8325036B110
US9024755B29
US7606738B29
US8711553B28
US7933800B28
US20140172502A18
US9600550B27
US8606652B27
US20140207510A17

What Percentage of Target US Patent Applications were Granted?

Target (Excluding its subsidiaries) has filed 789 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 629 have been granted leading to a grant rate of 89.47%.

Below are the key stats of Target patent prosecution at the USPTO.

Which Law Firms Filed Most US Patents for Target?

Law FirmsTotal ApplicationsSuccess Rate
Target Brands, Inc.79192.67%
Armament Systems And Procedures, Inc.10697.17%
Black & Decker (U.S.) Inc., Successor To Assets Of Vector Products, Inc.10697.17%
Emissive Energy Corporation10697.17%
I.Q. Hong Kong Limited10697.17%
M&I Marshall & Ilsley Bank10697.17%
Team Products International, Inc.10697.17%
Vector Products, Inc.10697.17%
Zen Design Group Limited10697.17%
Parsons, Kevin L.8196.30%

Patents acquired by Target

Target has acquired 9 patents from other companies which are not associated with Target.

CompanyPatent Families
 United Steel & Wire6
Americhip2
Beifa Group1

List of acquired patents of Target

Publication NumberTitlePatent Acquired From
US7520425B2Slide-out gift cardAmerichip
US7445157B2Model-hold stored value cardAmerichip
US7237782B2Rear gate assembly for shopping cart United Steel & Wire
USD528732S1Plastic shopping cart basket United Steel & Wire
USD526106S1Bottom tray for shopping cart United Steel & Wire
USD525008S1Shopping cart handle United Steel & Wire
USD523207S1Plastic child seat for shopping cart United Steel & Wire
US6981708B1Shopping cart basket United Steel & Wire
CN301998173SPenBeifa Group

Target is investing in store technology to make shopping even better! While customers may not be aware of all the new technology fueling the in-store shopping experience, they are already reaping the benefits.

Let’s say a guest can’t find an item in their size or prefers a different colour. Rather than leaving the store empty-handed, they can now have a Target associate place an online order right on the sales floor and have it delivered to their homes.

How? Target’s tech team created a new software called “myCheckout” for team members’ portable devices. Team members can utilise myCheckout to browse Target.com for desired items, then accept payments from customers using a credit card reader linked to the mobile tablet. Guests leave knowing that their purchases are on their way to them—and that shipping is free!

EXCLUSIVE INSIGHTS COMING SOON!

What are Target’s key innovation segments?

What Technologies are Covered by Target?

The chart below distributes patents filed by Target in different countries on the basis of the technology protected in patents. It also represents the markets where Target thinks it’s important to protect particular technology inventions.

R&D Focus: How Target search focus changed over the years?

EXCLUSIVE INSIGHTS COMING SOON!

Interested in knowing about the areas of innovation that are being protected by Target?

Updated on April 3, 2022

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